Egypt reveals new gas discovery in Nile Delta area

The petroleum ministry confirms a fresh gas find that boosts Egypt domestic supply capacity.

Gabon starts new investigation into past public debt issues

Gabon looks to stabilize its economy by auditing past debt and engaging with international banks.

Guinea bauxite output jumps 25% as China drives high demand

Government officials plan bauxite export curbs to protect smaller miners from falling prices.

IMF approves $266 million support package for Liberia

Liberia receives an immediate 26.49 million dollar IMF disbursement to tackle urgent fiscal needs.

Sudanese pound plunges to record lows amid war, market chaos

Pound crashes to record lows above 4,000 per dollar amid war, gold shocks and market disorder

US and EU agree on minerals cooperation to counter China

US and EU launch coordinated minerals strategy to secure supply chains and reduce reliance on dominant external sources.

Tinubu asks lawmakers to approve $516m highway plan

Nigerian president seeks parliament approval for 516 million dollar loan to build major national highway corridor linking northwest and southwest regions.

East Africa plans joint Tanga refinery to cut fuel imports

East African countries plan Tanga refinery to reduce fuel imports and strengthen regional energy security amid supply risks.

Ghana sets December 2026 deadline for mining transition

Ghana mining regulator enforces 2026 deadline for Newmont AngloGold and Zijin to adopt local contract mining rules.

Ghana cocoa farmers face delays despite strong mid crop yields

In Ghana, cocoa farmers say delayed payments are choking harvests, even as rain-fed mid-crop yields promise a rare seasonal boost. Farmers report waiting up to six months for payment, leaving them without funds to hire labour or transport beans. The cocoa sector supports roughly 800,000 families nationwide, making the delays a widespread threat to rural

Malawi sells gold reserves to fund fuel imports amid forex crisis

Government uses gold sales and external financing to secure fuel imports as forex shortage deepens in Malawi.

Senegal debt chief says figures align amid IMF talks audit

Senegal debt official says financial figures align with IMF data after audits and denies claims of hidden arrears reports emerging.

Morocco agriculture minister forecasts strong cereal harvest

Heavy winter rains help Morocco more than double cereal output to nearly nine million tonnes after prolonged drought conditions easing.

Trump weighs US-UAE currency swap amid Iran war risks

Trump says US may support UAE with currency swap amid Iran war tensions

Zambia copper output faces pressure as acid shortage deepens

Zambia mining sector hit by shutdowns as copper smelters and acid supply constraints weigh on regional output levels.

US invests in South Africa rare earths despite tensions

Phalaborwa project highlights US efforts to secure rare earth supply chains even as relations with South Africa face political challenges.

Nigeria and Turkey sign defence deal

Nigeria sends special forces to Turkey for advanced training under new bilateral security cooperation agreement deal.

Congo market absorbs Ivanhoe acid amid global supply squeeze

Strong demand in Congo supports Ivanhoe acid sales as global supply tightens due to Middle East disruptions.

Libya factions sign deal to unify spending after decade split

US mediated Libya deal aims to stabilise finances through unified budget after years of institutional division and conflict reports indicate.

World Bank warns Middle East war to hit global growth

World Bank urges targeted relief measures as countries face higher costs from energy shocks linked to Middle East war.

Mauritius raises electricity tariffs by 15 percent in May

Mauritius expects weaker growth and higher inflation as Middle East conflict affects energy markets and shipping routes.

DR Congo bans dollar cash transactions in new policy

Policy aims to curb money laundering and reduce reliance on US dollar, which dominates most everyday transactions across DR Congo.

World Bank, IMF warn rising energy costs will boost food prices

World Bank IMF and UN warn rising oil gas and fertilizer prices will increase global food costs, threatening vulnerable populations in low-income countries.

Madagascar declares energy emergency over fuel shortages

Madagascar struggles with fuel supply delays and declares energy emergency to stabilise electricity and essential services.

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